2851 W Rascher Ave

12,000 Sq. Ft.
$242 / Sq. Ft.
12,000
Sq. Ft.
$242
per Sq. Ft.

Description

Welcome to the rascher mansion. Situated in the highly sought-after northwest corner of Lincoln Square in Budlong Woods, this home is the epitome of chic urban living-a captivating destination for those in search of a true standout residence. Set on an expansive 120' x 125' lot (no alley gives home added 10' in depth) and offering approximately 12,000 sq ft of luxurious living space, the mansion effortlessly blends grandeur, comfort, and sophisticated design. As you enter, you're greeted by two distinct...Welcome to the rascher mansion. Situated in the highly sought-after northwest corner of Lincoln Square in Budlong Woods, this home is the epitome of chic urban living-a captivating destination for those in search of a true standout residence. Set on an expansive 120' x 125' lot (no alley gives home added 10' in depth) and offering approximately 12,000 sq ft of luxurious living space, the mansion effortlessly blends grandeur, comfort, and sophisticated design. As you enter, you're greeted by two distinct living areas. One features soaring 18-foot ceilings, a European-crafted floor-to-ceiling fireplace mantle, and a custom wet bar-creating a dramatic gathering space. Adjacent, large south-facing windows flood the second living room with natural light and frame sweeping views of the backyard, with effortless access to a deck that leads to an inviting in-ground pool, a multi-use court, and a full side yard. The heart of the home is a chef's dream: a vast, open kitchen flows seamlessly into the dining area, anchored by an oversized island with seating for ten, abundant cabinetry, premium appliances, and a dedicated beverage center. Just off the main floor is a sophisticated home office complete with a cozy sitting area and a full bath-designed for both productivity and privacy. Graceful staircases ascend to the second level-and descend to the lower level-creating a sense of connection across all floors. On the upper level, six spacious bedrooms are arranged around four full bathrooms, three of which are en suite. The lavish primary suite is a private retreat unto itself, featuring a sitting room, a private office, a stately bedroom, a marble-clad bath, its own balcony, and a dedicated laundry area. A secondary laundry hook-up in one of the bedrooms adds exceptional convenience. The lower level is built for entertainment and recreation. Here, you'll find a two-lane bowling alley (yes, really), a full theater room, a fitness center complete with a third laundry hook-up, and an expansive family room-ideal for leisure, exercise, or hosting events. Stepping outside, the fun continues. Beyond the deck lies a below-ground pool with a hot tub nestled into the landscape. The adjacent multi-sport court accommodates basketball, tennis, pickleball-or even a child's tricycle-while a generously sized playset invites endless imaginative play. A four-car garage, beautiful pavers, and thoughtful landscaping complete the outdoor tableau. Beyond the property's gates, the neighborhood charms persist. Just steps away are the serene walking trails of Legion Park-affectionately dubbed "Bicycle Paradise"-the scenic riverwalk, lush parks, and a vibrant Nature Center. Lincoln Square's best restaurants and Andersonville's boutiques are minutes away, offering cultural depth without the hustle of congestion. This is more than simply a home-it's a rare urban refuge where luxury, leisure, and lifestyle converge. Welcome to your own private oasis in the city.
  1. Listed by Barbara O'Connor • Baird & Warner
    P: (773)-491-5631 C: (773)-491-5631 barbara.oconnor@bairdwarner.com

Property Details for 2851 West Rascher Avenue

Area
CHI - Lincoln Square
Subdivision
Budlong Woods
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
4.0
Num Of Parking Spaces
8.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
LISTING UPDATED: 12/07/2025 12:06 AM

Property Details for 2851 West Rascher Avenue

StatusActive
MLS #12449063
Days on Market52
Taxes$36,519 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built1947
Lot Size0.34 AC / 15,000 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
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Virtual Tour

Building Information for 2851 West Rascher Avenue

Stories-Year Built1947Building Size-Lot Size0.34 AC / 15,000 SF

Payment Calculator

$17,177 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,134

Property Taxes

$3,043

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2851 West Rascher Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Off Street, Owned, Garage
Location and General Information
  • Front Exposure: North, South, East, West
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • Num Of Rooms: 16
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Finished, Rec/Family Area, Full, Daylight
  • Bedrooms Possible: 6
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Flooring: Hardwood
  • Dining Room: Separate
  • Basement Bathrooms: Yes
  • Fireplace Location: Master Bedroom,Basement,Grand Entry Hall,Great Room
  • Room Type: Kitchen, Balcony/Porch/Lanai, Bedroom 5, Bedroom 6, Game Room, Great Room, Office, Sitting Room, Theatre Room, Utility Room-Lower Level, Walk In Closet
  • Num of Baths: 5.2
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Wine Cooler/Refrigerator, Range Hood
  • Other Equipment: Intercom, CO Detectors
Property/Lot Information
  • Exterior Property Features: Balcony, Hot Tub, Other
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2005
  • Built Before 1978: Yes
  • Age: 71-80 Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: Other
  • Lot Dimensions: 120 X 125
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 5500
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2851
  • Living Area Source: Estimated
  • Assessor Square Footage: 7792
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2025-08-19T15:26:38
  • Photos Count: 98
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Video
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full, Double Sink, Whirlpool & Sep Shwr
  • Master Bedroom Dimensions: 20X19
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 19X15
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 18X13
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 17X15
Bedroom #5 Information
  • 5th Bedroom Level: Second
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 13X12
Bedroom #6 Information
  • 6th Bedroom Level: Second
  • Room Type: Bedroom 6
  • Bedroom #6 Room Dimensions: 20X11
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 13X11
Family Room Information
  • Family Room Level: Basement
  • RoomType_FR: Family Room
  • Family Room Dimensions: 30X26
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 24X16
Laundry Information
  • Laundry Level: Second
  • Room Type: Laundry
  • Laundry Dimensions: 6X5
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 26X19
Walk In Closet 1 Information
  • Room Level: Second
  • Room Type: Walk In Closet
  • Dimensions: 19X6
Office Information
  • Room Level: Main
  • Room Type: Office
  • Dimensions: 32X14
Balcony/Porch/Lanai Information
  • Room Level: Second
  • Room Type: Balcony/Porch/Lanai
  • Dimensions: 16X8
Kitchen- 2nd Information
  • Room Level: Main
  • Room Type: Kitchen- 2nd
  • Dimensions: 13X12
Game Room Information
  • Room Level: Basement
  • Room Type: Game Room
  • Dimensions: 35X14
Great Room Information
  • Room Level: Main
  • Room Type: Great Room
  • Dimensions: 37X35
Theatre Room Information
  • Room Level: Basement
  • Room Type: Theatre Room
  • Dimensions: 26X19
Utility Room Lower Level Information
  • Room Level: Basement
  • Room Type: Utility Room-Lower Level
  • Dimensions: 16X15

Property History for 2851 West Rascher Avenue

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Price Change

MRED #12449063

$2,900,000
Dec 1, 2025

Price Change

MRED #12449063

$4,350,000
Dec 1, 2025

Listed (Active)

MRED #12449063

$2,900,000
DateEvent & SourcePrice
12/01/2025

Price Change

MRED #12449063

$2,900,000
12/01/2025

Price Change

MRED #12449063

$4,350,000
12/01/2025

Listed (Active)

MRED #12449063

$2,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2851 West Rascher Avenue

Taxable ValueLand$12,000Additions$42,370Total$54,370
Tax Record2023$11,241 ($937 / month)
Home Facts
Beds7Baths4.5Total Finished SqFt7,792 SqFtAbove Grade Finished SqFt7,792 SqFtStories2Lot Size3,750 SqFtStyleSingle Family ResidenceYear Built1947CountyCOOKAPN13-12-111-003Fireplace TypeHas Fireplace

Schools near 2851 West Rascher Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Jamieson Elementary School
PublicPK to 8

Amundsen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2851 West Rascher Avenue is a single family home for sale in Chicago, IL 60625. This property was listed for sale on December 1, 2025 by Baird & Warner, it's currently listed at $2,900,000. This listing's school district is Chicago Public Schools. Nearby schools include Jamieson Elementary School, Amundsen High School and Northside College Preparatory High School. 2851 West Rascher Avenue is a 6-bed, 7-bath, 12,000 sqft single family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/07/2025 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.